Everything Homebuyers Need to Know and More About the TRID Changes
Did you know that on October 3rd, 2015, the closing process will significantly change for the first time in many years? The TILA-RESPA Integrated Disclosure (TRID) rules will go into effect on October 3rd, and drastically change the mortgage disclosure experience.
Here at PARKS, we want our homebuyers to be fully informed and aware of the changes taking place as these changes may affect your current home buying process.
Why The Change?
Some homeowners and home buying prospects might tell you that the mortgage disclosure and closing process is a bit complicated. The new changes, also known as the “Know Before You Own” rule, is being put into place to make the entire process
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